Yashau's Posts
Nairaland Forum › Yashau's Profile › Yashau's Posts
1 2 3 4 5 6 7 8 ... 14 15 16 17 18 19 20 21 22 (of 39 pages)
![]() |
Dino Melaye self dey mock, nothing Musa no go see for gate ![]()
|
Amala and Ewedu party don take over Bayelsa!! ![]() |
Awol1: |
fidelmarshal199:mofo'o |
mrvitalis:can you pls read the the article again? And listen to what Mr Oyenma said about the President! |
Don't let us forget to thank President Buhari too!! |
Oladeji1106:When all these injustice is happening where is Islam and Christianity then? Just curious ooo. |
HerCuteness:you spoked my mind jaare smh |
good for him |
notoriousbabe:perfect man, thank's |
sweetonugbu:you make my day bro!!❤ |
mrvitalis:Nigeria dey enjoy ooo....#354 Naira for a litter of fuel lol
|
vaxx2:With 200,000 barrels of crude oil per day abi!? |
If they comply! |
he Minister of Communications and Digital Economy, Dr Isa Ali Pantami on Tuesday insisted the Nigerian Communications Commission (NCC) must work out modalities to reduce the price of data in the interest of Nigerians. TheNation reports that Pantami said his office has been inundated with complaints from concerned Nigerians about the high cost of data by telecoms. The Minister mandated the management of the NCC led by its Board Chairman, Senator Olabiyi Durojaiye, during a courtesy visit to work out the modalities with other stakeholders in the industry in the next five working dates. The Minister said: " I am urging the management of NCC to work towards reducing the price of data in Nigeria. It is too costly and people are complaining every day. If you go to other countries, even countries that are not as largely populated as Nigeria, data prices are not this high. I am also a victim of some of the infractions that are so common in the industry. You load your data, but you barely used 20 percent of it and the entire data is wiped off." https://www.thenetnaija.com/forum/general/news/70864-fg-orders-ncc-reduce-data-cost
|
Any news about Tinubu na jackpot ![]() |
Coward ![]() |
Wiseandtrue:it's like you're not a Nigerian cos if you are one you should understand what am saying. |
Everything in this country na padi padi ![]() |
Deji want go prison again ![]() |
I think we need to be careful! as a nation on borrowing money from this Chinese peaple . |
Last year, with more than $1 billion in debt to China, Sri Lanka handed over a port to companies owned by the Chinese government. Now Djibouti, home to the US military’s main base in Africa, looks about to cede control of another key port to a Beijing-linked company, and the US is not happy about it. Beijing “encourages dependency using opaque contracts, predatory loan practices, and corrupt deals that mire nations in debt and undercut their sovereignty, denying them their long-term, self-sustaining growth,” said US Secretary of State Rex Tillerson on March 6. ”Chinese investment does have the potential to address Africa’s infrastructure gap, but its approach has led to mounting debt and few, if any, jobs in most countries,” he added. Some call this “debt-trap diplomacy“: Offer the honey of cheap infrastructure loans, with the sting of default coming if smaller economies can’t generate enough free cash to pay their interest down. In Sri Lanka, acrimony remains around Hambantota and projects like “the world’s emptiest airport.” China has characterized its “Belt and Road” initiative as a win-win for its aspirations to become a global trade leader and developing economies’ desire to fund transportation infrastructure. It has certainly filled the vacuum created by a shrinking American presence in global institutions. But as with Western internationalist projects, China is also facing accusations of imperialist behavior when its debt plans go wrong. The Center for Global Development, a non-profit research organization, analyzed debt to China that will be incurred by nations participating in the current Belt and Road investment plan. Eight nations will find themselves vulnerable to above-average debt: Djibouti, Kyrgyzstan, Laos, the Maldives, Mongolia, Montenegro, Pakistan, and Tajikistan. The researchers note that they did not estimate how this debt would effect growth, and that they needed to assemble much of their data from media reports. But they still say their evidence should raise concerns about economic distress stemming from debt that would undermine development efforts altogether. In the past, China has responded to the debtors inconsistently and hasn’t followed best practices adopted by international lenders working with poor countries. Sometimes, the debt has been forgiven; other times, disputed territory or control of infrastructure has been demanded as recompense. They argue that China should work to bring other countries into their investment programs to spread debt more equally, and adopt stricter standards and more transparency about how sustainable its support for developing economies really is. Some countries aren’t waiting on China to take action: Pakistan and Nepal turned down Chinese infrastructure loans last year in favor of other sources of funding. https://www.google.com/amp/s/qz.com/1223768/china-debt-trap-these-eight-countries-are-in-danger-of-debt-overloads-from-chinas-belt-and-road-plans/amp/
|
Wisdom |
Good job, let's keep the good job going! |
God bless Nigeria! |
![]() |
Punch Editorial Board Nigeria’s countless and unheeded calls to her neighours to stop aiding and abetting smuggling, which is damaging her economy, led to the closure of her land borders in August. The action, earlier meant to last for 28 days, has entered the third month with its end date still indeterminate. At issue is the unremitting smuggling of diverse products across the country’s borders, including the smuggling of rice from Benin Republic. Benin imports 1.2 million metric tons of rice annually, against the backdrop of its population of about 11 million people. The country is not alone: Niger Republic, Chad and Cameroon form the other members of the devious quartet in this sabotage. This is seriously threatening Nigeria’s domestic rice production, which has unprecedentedly spiked with the Central Bank of Nigeria’s rice Anchor Borrowers Programme. As one bright spot in the economic recovery effort, it has helped official rice import from Thailand to plummet from 644,131 metric tons to 20,000 MT annually, as of 2018, said the Minister of Information, Lai Mohammed. Undoubtedly, the closure has opened Nigeria’s eyes to new economic realities; and enamoured of them, the authorities have vowed not to reopen the borders until the affected countries learn to conduct themselves responsibly and in line with the principles that undergird the ECOWAS protocol on free movement of goods and services. The Comptroller-General of the Nigeria Customs Service, Hameed Ali, at a recent meeting with the Senate and House of Representatives Joint Committee on Finance and National Planning, lauded the initiative. He said, “There was a day in September that we collected N9.2 billion… It has never happened before.” Currently the country ratchets up between N4.7 billion and N5.8 billion daily revenue from imports. According to the Customs boss, with borders closed, cargoes that used to go to Benin Republic to berth en route to Nigeria “are now forced to bring their goods to either Apapa or Tin Can Island, and we have to collect duty on them.” Equally revealing is the drop in fuel consumption by eight million litres a day, says statistics from the Minister of State for Petroleum Resources, Timipre Sylva. Smugglers ferret out this volume of fuel daily across the borders. Besides the halt in rice and fuel smuggling, the border closure has become a boost to the local chicken market, while car malls with suspected smuggled automobiles are being raided by Customs to compel payment of duties. So far, the operation has been successful, largely due to the joint nature of the taskforce; Customs, immigration, police and military personnel are involved, coordinated by the Office of the National Security Adviser. President Muhammadu Buhari is excited about the revelations from the operation and has threatened not to end it as long as our neighbours do not play by the rules. He should not capitulate to diplomatic pressure or the misguided nudges of local mercantile operators to end it until he is satisfied that the border haemorrhage is under control. However, since the closure is not a permanent solution to this unabashed bazaar, government should not lose sight of the original intention of the action: to allow security agencies formulate effective strategies to stem the scourge. That blueprint ought to have been designed by now. Nigeria has one of the most porous borders in the world, aggravated by corruption of Customs officials and other state actors. The deployment of hi-tech in Nigeria’s 84 land borders is critical to addressing this systemic breakdown of border controls, while the challenges from the over 1,400 rogue routes, according to the Immigration authorities, should be faced squarely too. Ali was forthright to admit that compromised Customs officials and the police helped to promote trafficking in contraband at the borders. He warned such officials of dire consequences if caught. But such thunderous countenances have not been in short supply from him; what the situation needs is a deliberate measure, not happenstance, to weed out tainted officials from the system. Without it, sanity will never prevail. Deeper meaning in ‘Big Brother Naija’ for Nigeria? Nigeria’s “big brother” posture towards her neighbours has become ruinous to its economy and corporate existence. Therefore, enough is enough! With its small population, it is difficult for Benin to justify why it is the world’s sixth largest rice importing country, according to statistics by Worldatlas, if not for its illicit border trading activities, with Nigeria as the target. Through these breached borders, illicit arms are also trafficked into the country – a fillip to the epidemic of banditry, armed robbery, cattle rustling and, above all, Boko Haram jihadists who have killed about 100,000 people in their 10-year-old campaign to establish an Islamic caliphate. No serious country allows its economy to be sabotaged by neighouring countries. ECOWAS protocol is hinged on free movement of “legal” goods and “legitimate” services. Nothing more. As economically advanced as the United States is, it is still deeply concerned about how to effectively police her border with Mexico to ward off illegal immigrants and prevent smuggling of contraband. Now that Nigeria seems to have woken up from her slumber, the border mayhem cannot be eradicated without systemic ports reform. No question, Apapa and Tin Can ports are disincentives to business in their present state: scanners are scarcely available, physical contacts of persons govern daily operations in this digital age and cargoes are not evacuated through rail transportation, but by tankers and trailers that queue for months, mired in bad roads. Many countries have corporatised or engaged the private sector in their operations for optimal efficiency and profit-taking. Massive technology deployment and decentralisation of tank farms are critical. From the seaports of Antwerp, Belgium, Singapore, Amsterdam in Holland, Nigeria has a lot to learn in 21st Century port reforms to boost her economy. In the present circumstances, therefore, decongesting the Lagos ports by opening up the under-utilised Warri, Port Harcourt and Calabar channels has become inevitable. https://punchng.com/beyond-our-land-borders-closure/
|
politicians and tax smh |
![]() NwaAmaikpe:lol.. minister of sports have spoken
|
1 2 3 4 5 6 7 8 ... 14 15 16 17 18 19 20 21 22 (of 39 pages)

good for him